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March 24, 2022 - April 6, 2022

Mayur Uniquoters Limited Buyback (Mayur Uniquoters Buyback) Detail

Established in 1994, Mayur Uniquoters is the largest manufacturer of artificial leather, using the 'Release Paper Transfer Coating Technology' in India. The company produces 4.05 million linear meters per month, through 7 Italian coating lines. It has also now started a PU coating plant with a current capacity of 6 lacs linear meter per month.

The company's infrastructure consists of a full range of machinery to fulfill their knitting, processing, heat setting, coating, embossing, printing, lacquering, sueding, tumbling, and laminating needs. Mayur Uniquoters physical, chemical, and product development laboratories are capable of testing predominantly all properties of artificial leather for different segments and applications. The company has ISO 9001:2015 certification.

Mayur Uniquoters Buyback Detail

Issue PeriodMarch 24, 2022 - April 6, 2022
Security NameMayur Uniquoters Limited
Issue TypeTender Offer
Issue Size (Shares)625,000
Issue Size (Amount)₹40.63 Crores
Buyback Price₹650 per share
Face Value₹5 per share
Listing AtBSE, NSE

Mayur Uniquoters Buyback Issue Timetable

Record DateFebruary 23, 2022
Offer Opens OnMarch 24, 2022
Last Date for receipt of Tender FormsApril 6, 2022
Offer Closes On *April 6, 2022
Finalisation of Buyback AcceptanceApril 18, 2022
Last Date for settlment of bidsApril 19, 2022
Last Date for Extinguishment of SharesApril 26, 2022

Buyback Ratio

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 29 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Share out of every 79 Fully paid-up Equity Shares held on the Record Date.

Company Financials

Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 5,203.93 5,355.43 5,948.99
Profit After Tax 890.38 806.43 871.67
Net Worth 6,354.16 5,871.61 5,229.53
Reserves and Surplus 6,131.27 5,644.97 5,002.90

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 558.00 462.00 519.77
Dec-2021 635.00 464.30 553.01
Nov-2021 511.00 425.00 460.96

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 557.60 462.35 520.32
Dec-2021 626.90 464.05 552.77
Nov-2021 509.00 424.05 461.54

Necessity of the Issue

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.

Mayur Uniquoters Buyback Documents

Mayur Uniquoters Buyback Rating

19
4.6
Rating:Rated 4.6 stars
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Company Contact Information

Mayur Uniquoters Limited
Village: Jaitpura, Jaipur-Sikar Road,
Tehsil: Chomu,
Jaipur-303704, Rajasthan

Phone: 0141-2361132
Email: secr@mayur.biz
Website: https://www.mayuruniquoters.com/

Mayur Uniquoters Buyback Registrar

  1. Beetal Financial & Computer Services (P) Limited
       Beetal House, 3rd Floor,
       99, Madangir, Behind Local Shopping Centre,
       New Delhi - 110062

    Phone: +91 11 29961281
    Email: beetal@beetalfinancial.com
    Website: http://www.beetalmail.com/smeipo

Mayur Uniquoters Buyback Manager

Lead Manager(s)

  1. Chartered Capital And Investment Limited

Registered Broker

  1. Sushil Financial Services s Private Limited
    Email: Suresh.nemani@sushilfinance.com

Find Mayur Uniquoters Buyback Latest Update

Mayur Uniquoters Buyback FAQs

The Mayur Uniquoters Buyback opens on March 24, 2022, and closes on April 6, 2022.

The Mayur Uniquoters Buyback last day to buy is not available as of now.

The Mayur Uniquoters Buyback is a Tender Offer.

Mayur Uniquoters Buyback Schedule

Buyback Opening DateMarch 24, 2022
Buyback Closing DateApril 6, 2022
Last Date for receipt of Tender FormsApril 6, 2022
Finalisation of Buyback AcceptanceApril 18, 2022
Last Date for settlment of bidsApril 19, 2022
Last Date for Extinguishment of SharesApril 26, 2022

The Mayur Uniquoters Buyback is being offered at Rs ₹650 per share per equity share.

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 29 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Share out of every 79 Fully paid-up Equity Shares held on the Record Date.

The record date for the Mayur Uniquoters Buyback is February 23, 2022.

The issue size of Mayur Uniquoters Buyback is of 625,000 equity shares at ₹650 per share aggregating upto ₹40.63 Crores.

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.

All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.

The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.

The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.

The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.

The Mayur Uniquoters Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


12 Comments

12. Kishen     Link|April 13, 2022 10:18:30 PM
16 out of 250 shares is acceptance ratio
12.1. KAMMA SIVA RAMA KRISHNA     Link|April 15, 2022 7:25:37 PM
26/400. I wish to hold the balance of the shares till the next buyback. Thank you.
12.2. SARITA S     Link|April 15, 2022 7:41:42 PM
Dear KSRK sir,
I will do the same as you. Continue to hold unaccepted shares of Mayur Uniquoters.
Regards
11. KAMMA SIVA RAMA KRISHNA     Link|April 6, 2022 8:25:07 PM
If anyone knows the final bidding particulars of the buyback, the same may please be shared. Thank you.
10. sekhar roy     Link|March 28, 2022 12:33:02 PM
how to apply for buyback
9. Vibhor Saxena     Link|March 15, 2022 9:54:28 AM
Dear Admin
Pls add the dates of Mayur Uniquoters Buyback too starting From 24th
Thankx
8. Shailesh Ghoda   I Like It. 1|  Link|March 13, 2022 5:10:47 AM
Gotten Emails,have 1 share in each of 3 accounts,It shows 0 in all for entitlement but will tender 1 in each accounts to take benefits of BB.cheers
7. Rajkumar Bhuj     Link|March 12, 2022 9:06:17 PM
Got email for buyback.

I have 1 share in 5 accounts. Email says I have 1 share but my entitlement is of 0 share.

Will they accept my share or not?
6. Parul     Link|March 4, 2022 2:38:02 PM
Hey
what is the expected date of completion of the buyback process for Mayur Uniquoters ?
6.1. Pakiya     Link|March 12, 2022 3:27:51 PM
Start from 24 March to 6april...cheers
5. Ou Ai     Link|February 12, 2022 1:42:54 PM
Gulf Oil Lubricants announced Tender Buy Back
Buy back price Rs.600
Current market price Rs.491
Buy back quantum 14.16.667 shares (2.8% of equity capital)
Promoter's holding 71.12%
Record date 18th February 2022
5.2. Ou Ai     Link|February 17, 2022 4:41:37 AM
Yes record date is 21st Feb. Ex buyback date is 18th Feb. On this board many wanting to buy are not clear about these dates. So, wanted to mention record for ex date for their benefit that must buy before 18th. Ex got left out though. Here, we can't correct it. Thanks
5.3. lokes     Link|February 19, 2022 11:55:05 PM
you are right, but in that case, its even better to be more clear to mention directly like : "last date to buy with buyback eligibility is 17th Feb" since many might not be knowing about these ex dates too....
4. Manup     Link|February 13, 2022 9:45:35 AM
Respected KSRK Sir according to you what will be the AR in these buybacks
4.1. KAMMA SIVA RAMA KRISHNA     Link|February 13, 2022 11:52:38 AM
Sir,
Probable AR can only be assessed after the completion of all the processes of the buyback in all the cases. Thank you.
3. IPO Mitr   I Like It. 1|  Link|February 12, 2022 8:27:18 PM
Gulf Oil Lubricants board approves buyback

Buyback Mode: Tender
Buy back price Rs.600
Current market price Rs.494.3 (NSE)
Buy back size 14.16.667 shares (9.8% of paid-up equity share capital and free reserves) & o 2.8% of paid-up Equity Share capital
Promoter's holding 71.82%
Record date 21st February 2022
2. Bhav     Link|February 11, 2022 11:23:06 AM
experts please give your opinion on this
2.2. Bhav     Link|February 11, 2022 12:40:42 PM
Thanks KSRK ji,

I know that up to 2Lakh is retail, but for knowledge can you tell me 2Lakh at tender buyback price they count or price at recoed date suppose recoed date price is 450.

Thanks in advance.
2.3. KAMMA SIVA RAMA KRISHNA     Link|February 11, 2022 2:19:32 PM
Bhav ji,
Please go through the messages in this regard in all the buyback pages. You will be getting answers for your doubts. This is my earnest appeal to better understand the topic of Buyback before raising a query. Thank you n all the best.
1. Rishabh     Link|February 11, 2022 1:56:28 PM
What will be the acceptance ratio ?
Please help
1.1. KAMMA SIVA RAMA KRISHNA     Link|February 11, 2022 2:43:54 PM
Rishabh ji,
Probable AR will be known after the completion of all the process of the buyback. Thank you.

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